GCMAsia - GOLD

GOLD
2020-06-02

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1739.90. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower in short term toward the lower level.
Resistance level: 1739.90, 1750.90
Support level: 1726.05, 1718.20